Post
Topic
Board Speculation (Altcoins)
Topic OP
ETH’s “top” this market cycle?
by
Cryptodaddy05
on 05/01/2021, 11:14:08 UTC
Ethereum has “woken” from its long slumber and risen 2.5x (250%) from its price of $400 USD in Sept/Oct 20 to over $1,000 USD in the last few days with a parabolic rise! It seems like only a matter of time until ETH surpasses its ATH from Jan 2018 of $1,450 USD which would be a 3.5x rise (350%) from Sept/Oct, and optimistically I can envisage it’s price rising to $4,000 USD in the ‘altcoin season’ of 2021 that has now started which would be a 10x rise (1,000%) from its price in Sept/Oct 20 for potentially life changing profits if you’re in now! But does anyone think ETH can go to $50K USD as Ivan On Tech predicated quite emphatically yesterday in his daily Youtube broadcast (watch from 9mins in to 10.5 mins) https://youtu.be/QoQyzAekIa8 - which would be an incredible 125x rise (12,500%) from the Sept/Oct price of $400 USD, and a 500x rise (5,000%) from the current price of $1,000 USD as this altcoin bull market of 2021 starts! Was he joking? (he didn’t seem to be), as he high? (umm who knows but he seemed on cue and on the ball orherwise), was he mistaken meaning $5k and not $50K (no he was adamant about this saying first that ETH would definitely go to $20K this cycle which was BTC’s peak in the last cycle, and then after a moments consideration predicting for 15 secs+ that he believed ETH would probably go much higher to 50K+ in this market cycle which would be MORE than life changing and make even the mega-rich envious of the wealth created!💰).

What do others here think of this speculation which seems incredible and unbelievable but who knows - do you think a $50K USD ETH top in this market cycle is crazy talk, or do you think it’s a wildly optimistic possibility with DeFi that’s going to be huge in 2021 running 95% on ETH and with ETH 2.0 offering the promise of massive scalability just in time hopefully to save the day from the “ETH-killers”! Thoughts? ....